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Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $125,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | $0 | |
Year Established: | 1989 | |
Employees: | 2 | |
BBN Listing #: | 111933937 | |
Broker Reference #: | AUTO REPAIR |
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Business Overview:
This is a great opportunity for an owner operator in a prime location with excellent visibility for the high traffic count passing by each day. Plenty of work in the area surrounded by residential and businesses, this location is a central gateway to both. Other shops have enough distance between them that there is no conflict of interest. The Company has the advantage of great location and good reputation built over last 29 years. Don't miss out on this opportunity. Shops like this don't come around for sale that often call now.
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Property Features and Assets:
4,400 consummate square feet, sensible $3,000 gross monthly rent (includes property tax & insurance), prominent highly traveled RT 1 location, established incredible 29 money making years with vast list of loyal trusting customers, presently two technicians and owner technician with room for more, 7 profitable bays, 4 lifts, 3 dead bays, long list of equipment, long term lease available, A LOT more potential to be real powerhouse
Market Competition and Expansion:
Competition: Excellent location Growth & Expansion: Addition of more needed technicians would substantially increase revenue
Reason for Selling:
Well-earned retirement after 29 years.
Additional Details:
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